tax year for which it files a separate tax return or files a consolidated tax return with another affiliated group. 7) P and S are members of an affiliated group that has filed consolidated tax returns for a number of years. The sale of inventory by P that was acquired from S in an intercompany transaction outside the affiliated group triggers the recognition of gain by S. 8) Intercompany dividends and undistributed subsidiary earnings do not create temporary differences for affiliated companies
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longitudinal in nature. Secondary waves (S-waves) are shear waves that are transverse in nature. The biggest difference between P and S waves is their velocity. P-waves travel more quickly than S-waves. P-waves can travel through solids‚ liquids and gasses. S-waves can only travel through solids. The method used to determine the distance from a location to the origin of a seismic wave less than 200 km away is to take the difference in arrival time of the P wave and the S wave in seconds and multiply by 8
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submission: 1/1. 2 Marks: 1 Record your answer from Lab Exercise #1‚ Step 1‚ Question 2. What time in hours:minutes:seconds GMT did the S waves arrive? Choose one answer. a. 01:51:30 b. 01:52:00 c. 01:53:10 d. 01:54:20 Correct Marks for this submission: 1/1. 3 Record your answer from Lab Exercise #1‚ Step 1‚ Question 3. What is the time lag (S-P) in hours:minutes:seconds? http://moodle.coastlinelive.com/mod/quiz/review.php?attempt=106847 9/15/2013 GLF13.10: Multiple Choice
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Corporation is the typical kind of corporation; it shields the liability of its proprietors‚ but obtains double taxation. 2. What is an S corporation‚ and how is it different from a C corporation? (0.5 points) S Corporation is a corporation that attains specific tax status and not all companies can attain this status. This tax status is the largest difference between S Corporations and C Corporations. 3. What is a nonprofit corporation‚ and how
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Common Tax Loopholes Salary/Dividend Manipulation Performance-based pay is not subject to §162(m) $1 million limit Corporations will pay a higher salary for performance rather than distributing dividends Avoidance of payroll tax burden S Corporations will lower their salary to lower taxes Accepting fringe benefits instead of salary Court Cases Reasonable Compensation Menard‚ Inc. v. Commissioner John Menard‚ founder and CEO of Menard‚ Inc. Salary was $157‚500 with bonus
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Effects on Same Sex School Does anyone think about what is same sex school? Why any students want to go there? Both single sex school and co-ed school have advantages and disadvantages. If we were parents‚ we would think that which school is better to let children go. Some of them do not care about the issue‚ but it may happen some problems to their children. In other word‚ if parents think about it carefully‚ their children will be successful. Going to same sex schools have had several positive
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The Role of the S.S. in the Holocaust All along people have said that Hitler did the Holocaust. This statement is not entirely true‚ and it was his soldiers did. They marched under the Nazi orders‚ and exterminated men‚ women‚ and children alike. The SS started out with humble beginnings. They were founded and started by Adolf Hitler himself. They were started with no intent to harm or kill‚ but to protect Hitler and his fellow party members. They had 300 members in the beginning. They
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The file ACC 455 Week 5 Discussion Question 2 includes solutions to the following task: "What is an inadvertent termination of an S election? How does an S corporation and its shareholders rectify an inadvertent termination? What could happen if a company fails to rectify the termination?" Business - Accounting ACC 455 Week 5 ACC 455 Week 5 Learning Team Assignment Week Five Problem Set Complete the problems found in Ch. 9‚ 10‚ 11 of Federal Taxation 2010: Corporations with your
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Tax planning for corporate liquidation The Tax reform act of 1986(TRA) made significant changes to tax provisions which had influence on corporations. One of the most important changes was the deletion of the General Utilities doctrine; under a plan of complete liquidation it had given a tax relief for appreciated assets distribution. This essay illustrates tax law changes about corporate liquidations and suggests some tax planning strategies to mitigate the influence of TRA. Sec. 336 changes
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SYNDICATE 7 } } Bottlenecks in the processing system at RP1 Excessive truck-waiting time and costs annoying the berry growers Excessive labour costs Poor berry grading system } } Wet Berries 58% System throughput rate : 1200 bbls/hr Wet Berries 70% System throughput rate : 1050 bbls/hr Wet Berries 70%‚ with a Dryer System throughput rate : 1200 bbls/hr 3500 3000 2500 Berries (bbls) 2000 58% Wet Berries‚ 11am Start 70% Wet Berries‚ 11am Start 70% Wet
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